SAN FRANCISCO, January 2, 2017 /PRNewswire/ --
The global food container market size is expected to reach USD 346.99 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancement in terms of new packaging materials capable of ensuring cold storage and enhancing shelf life to the finished food products is expected to have a positive impact.
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The rising importance of bio-plastics packaging in the food & beverage industry as a result of stringent regulations aimed at recycling in the manufacturing sector is projected to expand industry size over the next nine years. Furthermore, the buyers are expected to prefer flexible convenience packaging material over metal and glass counterparts owing to former' light weight.
Flexible packaging is expected to witness growth at a CAGR of 4.6% from 2016 to 2025. The growing importance of stand up pouch bags as packaging products in the food & beverage industry on account of being contaminant free and certified as safe by the FDA (Food and Drug Administration) is projected to increase industry demand in the near future.
Browse full research report with TOC on "Food Container Market Analysis By Product (Flexible Packaging, Paperboard, Rigid Packaging, Metal, Glass), By Application (Grain Mill Products, Dairy, Fruits & Vegetables, Bakery, Meat Processed Products), By Region, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/food-container-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global food container market by product, application, and region:
Access research insight: http://www.grandviewresearch.com/research-insights/food-container-market-insights-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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